• fosforus
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    1 year ago

    As a system, it’s the best one so far.

    • Cowbee@lemm.ee
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      1 year ago

      It’s also the worst. It was the backbone of both Nazi Germany, and modern Social Democracies. Capitalism is incredibly broad, both the most evil and most benign states in history have relied on Capitalism.

      Socialism similarly is broad, and isn’t at all synonymous with Stalinism or Maoism.

      • Bene7rddso@feddit.de
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        1 year ago

        It’s almost as if authoritarian/liberallibertarian and capitalism/socialism are orthogonal directions on the political compass

        • Cowbee@lemm.ee
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          1 year ago

          To be fair, the political compass is a vast oversimplification itself. For example, there cannot be an Anarchist Capitalism in any fashion, as Capitalism definitionally has a requirement for hierarchy to exist.

          It’s better to understand values and positions than try to place people on an imaginary grid.